FanDuel Launches Stand-Alone Casino App In Pennsylvania

PYMNTS

Fans of gambling in Pennsylvania will have access to a new stand-alone gambling app with FanDuel Group ‘s newest product, according to a press release. Mobile Applications Digital Payments disbursements FanDuel FanDuel Casino gambling Gaming News Pennsylvania What's Hot

Pennsylvania credit unions cheer remote notarization law

American Banker

Compliance Mortgages Credit unions Pennsylvania Law and regulationThe CrossState Credit Union Association continues to work with lawmakers in neighboring New Jersey to get similar legislation passed there.

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Fiserv To Purchase Pennsylvania-Based FinTech Pineapple Payments

PYMNTS

has inked a definitive deal to purchase Pittsburgh, Pennsylvania-based Pineapple Payments. Fiserv, Inc. Fiserv said the deal is anticipated to close in Q2 2021 and is “subject to customary approvals and closing conditions.”

Mid Penn buying in-state rival Riverview Financial for $125 million

American Banker

M&A Consumer banking Pennsylvania

Camping World Holdings Buys Locations In New York, Pennsylvania

PYMNTS

Camping World Holdings, Inc. has purchased two locations in the Northeast amid continued expansion of its physical presence. Stores in Albany, N.Y. and Hamburg, Pa. were created via the purchase of Boat-N-RV Superstore, according to a Wednesday (Feb. 17) announcement.

Pennsylvania's easing of rules for donation apps should set a precedent

Payments Source

A court decision brings much needed clarity to the complex world of money transmitter licensing by holding that the transmission of information alone is not engaging in the business of money transmission under Pennsylvania law, writes Anita Boomstein, a partner with Manatt, Phelps & Phillips, LLP. ISO and agent Digital payments Compliance Law and regulation Pennsylvania

Fidelity to expand in northeast Pennsylvania with Landmark deal

American Banker

M&A Growth strategies PennsylvaniaThe company has agreed to pay $43 million for a bank with assets of $354 million.

Pennsylvania bank begins CEO search after leader's abrupt departure

American Banker

Community banking Succession planning Growth strategies PennsylvaniaPatrick O'Brien had been CF Financial's president and CEO for about two years.

Citizens & Northern in Pennsylvania lines up another acquisition

American Banker

Community banking M&A Growth strategies PennsylvaniaThe company, which recently bought Monument Bank, has agreed to acquire Covenant Financial.

Fidelity D & D entering Pennsylvania market with MNB acquisition

American Banker

Community banking M&A Capital Growth strategies PennsylvaniaThe company will gain branches in Northampton County as part of the $79 million deal.

DA’s Office In Pennsylvania Pays Ransom In Bitcoin

PYMNTS

At a time when the IRS is trying to find out the identities behind bitcoin users, the Pennsylvania Allegheny County District Attorney’s office revealed it had to use bitcoin to pay a ransom to get its data back. The Forbes report noted that the data attack on the District Attorney’s office in Pennsylvania could be payback for the IRS’ actions.

S&T Bancorp in Pennsylvania hires TCF exec as CEO

American Banker

Community banks

S&T in Pennsylvania begins search for next CEO

American Banker

Growth strategies Succession planning Community banks PennsylvaniaThe company said Todd Brice will retire in March. A search firm will consider internal and external candidates.

Citizens Savings Bank Offers Kasasa Cash In 8 Pennsylvania Counties

BankDeals

Citizens Savings Bank offers its Kasasa Cash checking account and Kasasa Saver savings account in eight Northeastern Pennsylvania counties

Pennsylvania Homeowners Insurance: Average Rates for Coverage

MyBankTracker

Homeowners insurance in Pennsylvania includes a standard level of coverage, with the option to add extra coverage known as riders. Average Homeowners Insurance Rate in Pennsylvania. Pennsylvania homeowners pay about $1,307 a year on average for homeowners insurance.

S&T in Pennsylvania discloses potential exposure to check kiting scheme

American Banker

Deposits Fraud Community banking Credit quality Commercial lending PennsylvaniaThe bank is trying to recover millions of dollars in returned deposits. It also has a $14 million loan to the company that allegedly conducted the scheme.

Pennsylvania Car Insurance: How to Get the Cheapest Rates

MyBankTracker

Pennsylvania is known as the Keystone State for its role in building the foundations of the United States of America. With lower rates in Pennsylvania, it’s still important to find the right amount of coverage for a price that works for you. Auto Insurance Laws in Pennsylvania.

F.N.B. in Pennsylvania to close 21 branches

American Banker

The Pittsburgh company also sold a portfolio of indirect auto loans and repaid a large amount of Federal Home Loan Bank borrowings. Revenue and expenses Branch network Auto lending

Customers Bancorp in Pennsylvania divesting BankMobile

American Banker

The digital bank would merge with Megalith Financial to create a new publicly traded company that would offer licensed products and services. Digital banking Fintech Community banking M&A

Appeals court clears way for Pennsylvania AG suit against Navient

American Banker

The student loan company had said a three-year-old lawsuit alleging consumer abuses was superseded by a similar CFPB suit. Here’s why the 3rd U.S. Circuit Court of Appeals disagreed. Student loans State regulators Enforcement Consumer banking CFPB

A conversation with Pennsylvania Secretary of Banking and Securities Robin Wiessmann

CFPB Monitor

In this week’s episode, Pennsylvania Secretary of Banking and Securities Robin Wiessmann discusses lessons learned from the 2009 financial crisis and concerns arising from today’s market conditions and regulatory environment, shares her views on the OCC’s fintech charter and provides an update on steps that States are taking to relieve regulatory burdens on fintech companies, and explains her agency’s approach to virtual currency.

Pennsylvania all-stock deal inked

ABA Community Banking

Mid Penn, First Priority Financial to merge in $82 million deal Management CSuite Community Banking M&A. 1Management

Fulton in Pennsylvania to shutter 21 branches

American Banker

The company joins a growing list of community banks paring back their networks. Branch network Revenue and expenses Community banking

Fulton in Pennsylvania begins cost-cutting effort

American Banker

The company will close branches and cut jobs, with plans to reinvest some of the savings into digital enhancements. Digital banking Earnings Revenue and expenses Branch network

Bryn Mawr in Pennsylvania to sell its PPP loans

American Banker

The company said it had cut 20 positions and had found a way to shed 35,000 square feet of office space by the end of 2020. Expense management Paycheck Protection Program Community banks

Northwest Bancshares in Pennsylvania to sell insurance business

American Banker

Insurance M&A Community banks

Customers in Pennsylvania taps leader's son to run its bank

American Banker

Sam Sidhu, whose father is CEO Jay Sidhu, will become president and chief executive of Customers Bank in July. ]]. Community banking Growth strategies Succession planning

Pennsylvania Attorney General solicits redlining complaints from consumers

CFPB Monitor

As part of an investigation launched earlier this year into allegations of redlining in the Philadelphia area, the Pennsylvania Attorney General Josh Shapiro recently called on mortgage borrowers and home loan applicants in the Philadelphia area to file complaints with his office “if they believe they may have been victims of redlining or experienced irregularities when looking for a mortgage or home loan.”.

Univest in Pennsylvania to shutter a fifth of its branches

American Banker

The company will close eight locations, noting that customers have been quick to adopt digital channels during the coronavirus pandemic. Branch network Revenue and expenses Community banking

Pennsylvania bank hit with regulatory order tied to BSA compliance

American Banker

Atlantic Community Bankers Bank must improve its anti-money- laundering and Bank Secrecy Act policies and procedures. AML Community banking Regulatory actions and programs

Orrstown in Pennsylvania to close branches, cut jobs

American Banker

The moves are intended to offset a protracted period of historically low interest rates and expectations of higher credit costs in 2021. Revenue and expenses Branch network Community banking

NexTier in Pennsylvania Lines Up Next Chief

American Banker

NexTier Bank in Butler, Pa., has tapped its chief operating officer as its next leader. people breaking_news pa succession-planning community-banking

CFPB September 2016 complaint report highlights money transfer complaints, complaints from Pennsylvania consumers

CFPB Monitor

The CFPB has issued its September 2016 complaint report which highlights complaints about money transfers and complaints from consumers in Pennsylvania and the Philadelphia metro area. Findings regarding complaints from Pennsylvania consumers include the following: As of September 1, 2016, approximately 34,700 complaints were submitted by Pennsylvania consumers of which approximately 69 percent (about 24,100) were from Philadelphia consumers. Barbara S. Mishkin.

Former Pennsylvania Secretary of Banking Lays Down Ideas on How to Lover Your Regulator

Jeff For Banks

Glenn Moyer, the former Secretary of the Pennsylvania Department of Banking and Securities (pictured), spoke at a banking industry event this past week. His subject: How to love your regulator. Glenn is a senior advisor to my firm and I suggested the topic. He rolled with it. Regulator relations is a pressure point in our industry.

NexTier to Buy Manor Bank in Pennsylvania

American Banker

The $1.2 billion-asset NexTier said in a press release Wednesday that it will pay $2.3 million, or $531.55 a share, in cash for the $40 million-asset Manor. breaking_news community-banking pa dealmaking-strategy